Technical Analysis

Note: This section contains information in English only.
Tue, 28 Sep 2021 05:40:34 GMT

AUD/USD breakout occurs

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Tue, 28 Sep 2021 05:31:00 GMT

EUR/JPY bulls could prevail

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Mon, 27 Sep 2021 10:12:54 GMT

Gold fails at recovery

Gold found resistance on Monday in the 1,760.00 level. The event was followed by a decline, which by the middle of the day was approaching the September low level zone from 1,738.25/1,745.40. If the September support zone holds, the metal's price might recover. A potential recovery could find resistance in the 55, 100 and 200-hour simple moving averages near 1,755.00, 1,760.00

Mon, 27 Sep 2021 10:00:37 GMT

USD/JPY reaches 111.00

On Monday morning, the USD/JPY currency exchange rate found support in the 110.60 level. Afterwards, a surge followed. By the middle of the day's European trading, the rate was aiming at the 111.00 level. If the 111.00 level manages to provide resistance, the rate could retrace down to the 110.80 and 110.60 levels. These round exchange rate levels have been providing

Mon, 27 Sep 2021 09:38:16 GMT

GBP/USD finds support in 1.3660

At mid-day on Friday, the GBP/USD started to find support in the 1.3660 level. On Monday, the rate bounced off the support level and began a surge. The surge passed the resistance of the 55, 100 and weekly simple pivot points from 1.3675 to 1.3690. Next target for the surge was the 200-hour simple moving average near 1.3720. In the case

Mon, 27 Sep 2021 09:22:03 GMT

EUR/USD tests recent low level

On Monday morning, the EUR/USD found support in the low level of September 22 at 1.1685. In addition, the weekly S1 simple pivot point of this week was located at this level. Near term future forecast scenarios were based upon whether or not the support holds. In the case that the rate passes the support of the 1.1685 level, a

Mon, 27 Sep 2021 04:56:54 GMT

USD/CAD decline likely to continue

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Mon, 27 Sep 2021 04:47:45 GMT

GBP/JPY could edge higher

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Mon, 27 Sep 2021 04:35:38 GMT

AUD/USD two scenarios likely

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Mon, 27 Sep 2021 04:25:02 GMT

EUR/JPY could still edge higher

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Fri, 24 Sep 2021 07:35:47 GMT

Gold hits new low level

The yellow metal's price booked a new recent low level on Thursday, as it shortly traded at the 1,738.40 level. However, a recovery followed the piercing of the 1,740.00 mark. On Friday morning, the commodity price was heading higher. The upwards move was expected to find resistance first in the combination of the 55 and 100-hour simple moving averages at 1,765.00

Fri, 24 Sep 2021 07:31:49 GMT

USD/JPY reaches above 110.50

On Friday, the USD/JPY currency exchange rate passed the resistance of the 110.40 level, which was strengthened by the weekly R1 simple pivot point. Moreover, the rate reached above the 110.50 mark. In the near term future, the pair could continue to surge. A surge would most likely reach for the resistance of the weekly R2 simple pivot point at

Fri, 24 Sep 2021 07:28:35 GMT

GBP/USD is pushed by 200-hour SMA

On Friday, the GBP/USD currency exchange rate declined. The decline started on Thursday when the Bank of England caused surge ended at the 200-hour simple moving average at the 1.3750 level. If the rate continues to decline, it would most likely look for support in the 55 and 100-hour SMAs and the weekly S1 simple pivot point at 1.3676. Below these

Fri, 24 Sep 2021 07:24:43 GMT

EUR/USD faces resistance zone

On Friday morning, the EUR/USD currency exchange declined, as it had bounced off the this week's high zone that surrounds the 1.1750 level. In the case of the pair continuing to decline, it could find support in the 55 and 100-hour simple moving averages at 1.1725. Below these levels, the 1.1700 mark and the 61.80% Fibonacci retracement level could provide

Fri, 24 Sep 2021 05:19:27 GMT

USD/CAD breached channel

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Fri, 24 Sep 2021 05:07:22 GMT

GBP/JPY breakout occurs

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Fri, 24 Sep 2021 04:54:27 GMT

AUD/USD breaks channel pattern

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Fri, 24 Sep 2021 04:44:14 GMT

EUR/JPY bullish momentum likely to continue

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Thu, 23 Sep 2021 14:25:00 GMT

Gold drops to 1,750.00

After making four attempts to pass the resistance of the 200-hour simple moving average and even piercing it during the Federal Reserve caused volatility, on Thursday, the yellow metal's price plummeted to the 1,750.00 mark. In the case of the metal's price passing the 1,750.00 level, the commodity could look for support in the September 18 low level at 1,742.50. Meanwhile,

Thu, 23 Sep 2021 13:50:01 GMT

USD/JPY recovery reaches above 110.00

First of all, the surge of the USD/JPY has reached above the 110.00 level. Second, the rate reached the September 13 and 14 high level at 110.15 at the start of Thursday's US trading. The near term future was dependent on what would happen at the high level. If the pair passes the resistance of the 110.15 level, it would face

Thu, 23 Sep 2021 13:40:49 GMT

GBP/USD surges after bank statements

The GBP/USD did not even start an attempt at testing the support levels that are located from 1.3608 to 1.3574. Instead, in the aftermath of the Federal Reserve announcing its monetary policy, the rate began a surge. Moreover, the surge was fueled on Thursday by the Bank of England's monetary announcements. By mid-day on Thursday, the rate had reached above the

Thu, 23 Sep 2021 12:18:02 GMT

EUR/USD traded below 1.1700

The release of the US Federal Reserve Meeting Minutes caused volatility, which eventually lead to a decline below the 1.1700 mark. The decline was stopped by the weekly S1 simple pivot point at 1.1686. Afterwards, at midnight to Thursday, the pair began a recovery. By the middle of the day, the recovery had reached the combined resistance of the 55

Thu, 23 Sep 2021 05:53:12 GMT

USD/CAD tests 200– hour SMA

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Thu, 23 Sep 2021 05:41:09 GMT

GBP/JPY could still edge higher

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